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CEAGA participates in a network of European clusters to support SMEs against Covid-19

19 May 2020

The European cluster network EACN (European Automotive Cluster Network
for Joint Industrial Modernization), in which CEAGA participates, has launched
an initiative to find formulas and solutions that support SMEs in the
automotive industry to overcome the crisis caused by the Covid-19 pandemic. To
this end, different working groups have been created focused on three areas:
analysis of the future of the automotive industry, joint and individual actions
to support clusters and the financial and human resources impact on companies.

In the first meeting, held electronically to take a balance of the
starting situation, 15 automotive groups from 10 European and international
countries participated, representing more than 2,800 companies. During the
following weeks, participants will work on a roadmap to support member
companies during future transformation processes.

With this initiative, EACN members reaffirm their commitment to
companies in the sector that are facing a difficult stage dominated by
uncertainty at the global level. In Europe, at the end of 2020, vehicle
production is expected to drop by 24% at best, according to data provided by
LMC Auto, a market intelligence company consulted by CEAGA. Given this
scenario, this European network wants to contribute, promoting cooperation
between its partners to help in the recovery of companies.

The EACN initiative started in 2017 with the main objective of promoting relationships between clusters and their companies in terms of competitiveness, economic growth and the modernization of the automotive sector. It is a strategic alliance that aims to promote common innovation and cooperation projects, joining forces to develop solutions, processes and new businesses, as well as attending European calls.